How Has The Computer Vision in Egg Market Size Evolved In Recent Years?
The egg market has seen considerable growth due to a variety of factors.
• The egg industry has enjoyed robust expansion in recent years. Its market size is projected to escalate from $289.07 billion in 2024 to $310.64 billion in 2025, indicating a compound annual growth rate (CAGR) of 7.5%.
The remarkable growth during the historical period is due to the increased demand for sweets and bakery items, enhanced consciousness about health and wellness, and an uptick in disposable income.
What is the Forecasted Market Size and CAGR for the Egg Market?
The egg market is expected to maintain its strong growth trajectory in upcoming years.
• The egg industry is predicted to see robust expansion in the coming years, with its worth expected to reach $413.94 billion by 2029 while maintaining a compound annual growth rate (CAGR) of 7.4%.
The factors fueling this growth over the envisioned period include the escalating demand and usage of animal proteins, global population surge, and supportive initiatives. The period is expected to observe trends such as the production of carbon-neutral eggs, amplified investments, emphasis on strategic collaborations, manufacture of specialty eggs, and the adoption and enhancement of egg analyzers.
Which Drivers Are Accelerating Growth In The Egg Market?
The burgeoning need for processed eggs is projected to prop up the progress of the eggs market in the future. An egg, essentially a hard-shelled reproductive unit created by birds or domestic chickens, has culinary use as food and a key ingredient in baked goods. Processed eggs denote products derived from eggs or mixtures of eggs. These egg-related products undergo pasteurization to rid them of salmonella and other hazardous pathogens, this positions them as a safer variant to fresh eggs and a rich source of protein. For instance, the Department for Environment Food & Rural Affairs, a government department based in the UK, reported in May 2024 that the complete production of egg products hit 15.8 thousand tonnes in the first quarter of 2023. In addition, imports of egg products saw a rise by 10%, amounting to 9.6 million dozens compared to May 2022. Consequently, the escalating demand for processed eggs fuels the expansion of the processed eggs market.
What Are The Principal Market Segments In The Global Egg Healthcare Industry?
The egg market covered in this report is segmented –
1) By Type: Hen, Other Birds.
2) By Product Into: Conventional, Other Products
3) By Sales Channel : Online, Offline
4) By End-Use Application: Food Processing Industry, Food Service Providers, Retail/Household
Subsegments:
1) By Hen: Chicken Eggs (including conventional, cage-free, free-range, and organic), Specialty Chicken Eggs
2) By Other Birds: Duck Eggs, Quail Eggs, Goose Eggs, Turkey Eggs, Other Exotic Bird Eggs
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Which Emerging Market Trends Are Altering The Egg Market?
The use of immune modulators is on the rise in animal agriculture as farmers are adopting more antibiotic-free practices. Immune modulators, which are types of medications that enhance or trigger an animal's immune response, are being recognized for their effectiveness in managing and preventing various diseases in animals and preventing their transfer to humans. The practice of using antibiotics for growth stimulation and medical treatment in this sector is common. However, due to the urging of consumer groups and animal rights advocates, businesses are shifting towards immune modulators to safeguard consumer health. The Pew Charitable Trusts has released a report indicating that immune modulators are valuable in battling a wide variety of pathogens, primarily because they stimulate the immune system in a pathogen-independent manner. Additionally, a plethora of alternatives to antibiotics are now available for diverse applications. For instance, the use of egg-yolk antibodies in immune modulators in chicks significantly lowered the occurrence of necrotic enteritis. The success of the same antibodies in preventing diarrhea in pigs that various pathogens cause is notable. In the USA, a new immune modulator has been created to protect dairy cows from mastitis post-calving and recently received the FDA's endorsement.
Who Are the Key Players in the Egg Market?
Major companies operating in the egg market include:
• Cal-Maine Foods. Inc
• Post Holdings. Inc.
• Rose Acre Farms. Inc.
• Marubeni
• PPB Group Bhd
• Ovostar Union NV
• Rembrandt Enterprises. Inc.
• Hillendale Farms
• Kreider Farms
• Hanwei Group
• Royal De Wajidsons
• Bhavani Agro Farms
• Ise-Suzuki Egg India Pvt. Ltd
• Ayur Egg
• Abhi Eggs
• Laohekou Zhide Hens Breeding Specialty Cooperative
• Jiangsu Lihua Animal Husbandry Co Ltd
• Guangdong Shuncheng Animal Husbandry Co Ltd
• Australian Eggs Limited
• Lohmann & Co
• Aktiengesellschaft
• Gräfendorfer® Poultry
• Micarna
• Favorite Poultry Ltd
• Moy Park
• Societa Agricola La Pellegrina SpA
• FANIN SPAn
• Sinyavskaya Poultry Farm
• Prioskolye
• Bohr Poultry
• Rusgrain Holding
• Roskar
• Oka Poultry
• Agrosoyuz
• Versova Holdings LLP
• Daybreak Foods
• Michael Foods
• Center Fresh Group
• MPS Egg Farms
• Prairie Star Farms
• Mantiqueira
• Redondos SA
• Don Pollo Tropical S.A.C
• Ghcorp S.A.C
• Ponedoras S.A.C
• Al Jazira Poultry Farm (L.L.C)
• Al Ain Farms For Livestock Production
• Al Ain Poultry Farm
• Arab Company For Poultry Production
• Fairooz Foodstuff Trading LLC
• National Chick Ltd
• Prime Eggs And Wholesalers (Pty) Ltd
• Eggs-R-Easy South Africa (Pty) Ltd
• Eggbert Eggs (Pty) Ltd
• Harttov Nigeria Limited
• BrytFarms Nig. LTD
What are the Regional Insights into the Egg Market?
Asia-Pacific was the largest region in the egg market in 2024. North America was the second-largest region in the egg market. The regions covered in the egg market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
